Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) Short Interest Up 25.7% in April

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASRGet Rating) saw a large increase in short interest in the month of April. As of April 30th, there was short interest totalling 97,300 shares, an increase of 25.7% from the April 15th total of 77,400 shares. Based on an average daily volume of 46,700 shares, the days-to-cover ratio is currently 2.1 days. Currently, 0.4% of the company’s stock are short sold.

NYSE:ASR traded down $10.84 during trading hours on Wednesday, reaching $213.93. The company’s stock had a trading volume of 40,885 shares, compared to its average volume of 44,581. The company has a market cap of $6.42 billion, a price-to-earnings ratio of 17.99, a price-to-earnings-growth ratio of 3.74 and a beta of 1.18. Grupo Aeroportuario del Sureste, S. A. B. de C. V. has a one year low of $165.48 and a one year high of $230.80. The business’s 50-day moving average is $209.38 and its 200-day moving average is $205.42. The company has a debt-to-equity ratio of 0.26, a current ratio of 3.32 and a quick ratio of 3.32.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASRGet Rating) last issued its quarterly earnings data on Monday, April 25th. The transportation company reported $3.67 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.60 by $1.07. The firm had revenue of $272.50 million during the quarter, compared to analysts’ expectations of $261.87 million. Grupo Aeroportuario del Sureste, S. A. B. de C. V. had a net margin of 33.99% and a return on equity of 16.19%. On average, sell-side analysts predict that Grupo Aeroportuario del Sureste, S. A. B. de C. V. will post 12.74 EPS for the current fiscal year.

The firm also recently disclosed an annual dividend, which will be paid on Monday, June 13th. Investors of record on Tuesday, May 31st will be issued a $7.4113 dividend. The ex-dividend date is Friday, May 27th. This is a boost from Grupo Aeroportuario del Sureste, S. A. B. de C. V.’s previous annual dividend of $5.25. This represents a yield of 4.9%. Grupo Aeroportuario del Sureste, S. A. B. de C. V.’s dividend payout ratio is currently 30.29%.

Several analysts have issued reports on the stock. StockNews.com raised shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. from a “hold” rating to a “buy” rating in a research note on Friday, April 29th. Zacks Investment Research raised shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. from a “hold” rating to a “strong-buy” rating and set a $214.00 price target on the stock in a research note on Tuesday, March 8th. Finally, Bradesco Corretora downgraded shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. to a “hold” rating and set a $230.00 price target on the stock. in a research note on Tuesday, February 8th. Five investment analysts have rated the stock with a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus target price of $218.20.

A number of large investors have recently modified their holdings of the stock. JPMorgan Chase & Co. boosted its holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 41.4% in the fourth quarter. JPMorgan Chase & Co. now owns 772,640 shares of the transportation company’s stock worth $159,288,000 after purchasing an additional 226,320 shares in the last quarter. BlackRock Inc. boosted its holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 10.0% during the first quarter. BlackRock Inc. now owns 360,238 shares of the transportation company’s stock valued at $79,830,000 after acquiring an additional 32,860 shares during the period. WCM Investment Management LLC boosted its holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 1.0% during the first quarter. WCM Investment Management LLC now owns 299,792 shares of the transportation company’s stock valued at $66,434,000 after acquiring an additional 2,981 shares during the period. State Street Corp boosted its holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 0.7% during the first quarter. State Street Corp now owns 201,236 shares of the transportation company’s stock valued at $44,594,000 after acquiring an additional 1,385 shares during the period. Finally, Itau Unibanco Holding S.A. boosted its holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 152.6% during the fourth quarter. Itau Unibanco Holding S.A. now owns 124,230 shares of the transportation company’s stock valued at $25,174,000 after acquiring an additional 75,052 shares during the period.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. Company Profile (Get Rating)

Grupo Aeroportuario del Sureste, S. A. B. de C. V. holds concessions to operate, maintain, and develop airports in the southeast region of Mexico. The company operates nine airports that are located in the cities of Cancún, Cozumel, Mérida, Huatulco, Oaxaca, Veracruz, Villahermosa, Tapachula, and Minatitlan.

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